Landry's Restaurant Inc. said Monday its chairman, Tilman J. Fertitta, had increased his offer to take the company private and won the support of a crucial hedge-fund shareholder that had opposed the deal. Fertitta, who has made several attempts over the past two years to purchase the Houston-based company, raised his offer to $24.50 per share, a 50-cent increase from his last offer in May. The transaction is now valued at about $1.4 billion, Landry's said. Landry's shares closed Monday at ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?